openai takeover - Search News

Elon Musk's $97 Billion OpenAI Bid

Hosted on MSN · 2d

OpenAI considers new powers for its nonprofit board to fend off hostile takeover from Elon Musk

OpenAI is considering granting special voting rights to its nonprofit amid its transition to a for-profit company. By giving the board special voting rights, the company would be able to address criticism it had moved away from its mission of creating AI for the benefit of humanity.

Ars Technica · 2d

OpenAI board considers special voting powers to prevent Elon Musk takeover

"Special voting rights could keep power in the hands of its nonprofit arm in future and so address the Tesla chief's criticisms that Altman and OpenAI have moved away from their original mission of creating powerful AI for the benefit of humanity," the FT wrote.

The Associated Press on MSN · 6d

OpenAI unanimously rejects Elon Musk's $97.4 billion takeover bid

OpenAI attorney William Savitt said the proposal "is not in the best interests of OAI's mission and is rejected."

2don MSN

OpenAI may give board special voting rights to ward off takeover attempts

To fend off future hostile takeover attempts, OpenAI is reportedly considering giving its board special voting rights.

15hon MSN

OpenAI CFO talks possibility of going public, says Musk bid isn't a distraction

The interview with Friar comes during a pivotal time, with the startup reportedly in talks to close a $40 billion investment from SoftBank.

OpenAI says Musk's takeover bid contradicts his lawsuit against it

Feb 12 (Reuters) - Billionaire Elon Musk's bid to buy OpenAI, which wants to be a for-profit entity, clashes with his ...

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